{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,11,4]],"date-time":"2025-11-04T09:53:43Z","timestamp":1762250023466,"version":"build-2065373602"},"reference-count":12,"publisher":"Institute for Operations Research and the Management Sciences (INFORMS)","issue":"11","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Management Science"],"published-print":{"date-parts":[[2025,11]]},"abstract":"<jats:p>We examine the effects of student loan forbearance on job search outcomes. Our experimental setting is the 2020 federal student loan moratorium that provided some borrowers with forbearance by pausing the payments on their student loans. We use data on unemployment insurance claims, payroll records, and credit histories to compare unemployed borrowers who received forbearance to unemployed borrowers who had to continue making payments. We find that the payment pause did not have any economically or statistically significant effects on job search durations or subsequent incomes. Further, we find no heterogeneity in these effects across borrowers\u2019 financial, demographic, or labor market characteristics.<\/jats:p>\n                  <jats:p>This paper was accepted by Camelia Kuhnen, finance.<\/jats:p>\n                  <jats:p>Supplemental Material: The internet appendix and data files are available at https:\/\/doi.org\/10.1287\/mnsc.2023.04047 .<\/jats:p>","DOI":"10.1287\/mnsc.2023.04047","type":"journal-article","created":{"date-parts":[[2025,9,10]],"date-time":"2025-09-10T14:08:38Z","timestamp":1757513318000},"page":"9856-9865","source":"Crossref","is-referenced-by-count":0,"title":["The Labor Market Consequences of Student Loan Forbearance"],"prefix":"10.1287","volume":"71","author":[{"given":"Naser","family":"Hamdi","sequence":"first","affiliation":[{"name":"Equifax Inc., Atlanta, Georgia 30309"}]},{"given":"Ankit","family":"Kalda","sequence":"additional","affiliation":[{"name":"Kelley School of Business, Indiana University, Bloomington, Indiana 47405"}]},{"ORCID":"https:\/\/orcid.org\/0009-0005-5155-8228","authenticated-orcid":false,"given":"David","family":"Sovich","sequence":"additional","affiliation":[{"name":"Gatton College of Business and Economics, University of Kentucky, Lexington, Kentucky 40506"}]}],"member":"109","reference":[{"key":"B1","first-page":"47","volume":"89","author":"Avery RB","year":"2003","journal-title":"Federal Reserve Bull."},{"key":"B2","doi-asserted-by":"publisher","DOI":"10.1162\/qjec.2007.122.4.1511"},{"key":"B3","doi-asserted-by":"publisher","DOI":"10.1086\/588585"},{"journal-title":"J. Finance.","year":"2025","author":"Di Maggio M","key":"B4"},{"key":"B5","doi-asserted-by":"publisher","DOI":"10.1257\/aeri.20230032"},{"key":"B6","doi-asserted-by":"publisher","DOI":"10.1111\/jofi.12954"},{"key":"B9","doi-asserted-by":"publisher","DOI":"10.1016\/j.jfineco.2021.04.033"},{"key":"B10","doi-asserted-by":"publisher","DOI":"10.1111\/jofi.13297"},{"key":"B12","doi-asserted-by":"publisher","DOI":"10.1257\/jep.38.3.209"},{"key":"B13","doi-asserted-by":"publisher","DOI":"10.1016\/j.jpubeco.2010.09.015"},{"key":"B14","doi-asserted-by":"publisher","DOI":"10.1146\/annurev-economics-080614-115758"},{"key":"B15","doi-asserted-by":"publisher","DOI":"10.1146\/annurev-financial-111720-092601"}],"container-title":["Management Science"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/pubsonline.informs.org\/doi\/pdf\/10.1287\/mnsc.2023.04047","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,11,4]],"date-time":"2025-11-04T09:45:34Z","timestamp":1762249534000},"score":1,"resource":{"primary":{"URL":"https:\/\/pubsonline.informs.org\/doi\/10.1287\/mnsc.2023.04047"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2025,11]]},"references-count":12,"journal-issue":{"issue":"11","published-print":{"date-parts":[[2025,11]]}},"alternative-id":["10.1287\/mnsc.2023.04047"],"URL":"https:\/\/doi.org\/10.1287\/mnsc.2023.04047","relation":{},"ISSN":["0025-1909","1526-5501"],"issn-type":[{"type":"print","value":"0025-1909"},{"type":"electronic","value":"1526-5501"}],"subject":[],"published":{"date-parts":[[2025,11]]}}}